I have been part of warrior trading for a while now.. About 9 months or so .. Just like everyone else I tried a free chat day to check it out and it blew me away how easily Ross was making so much money daily and I had the funds saved to actually take the course and be apart of the chat for a year so I went ahead and signed up for the class with the chat included...
The class Is crap .. Very repetitive spread out over a few crappy very short chapters describing what can easily be found all over the internet for free but as a noob I gained comfort in knowing this is actually working for Ross so it must be possible to maintain..
Boy was I wrong .. I spend tons of money between the class and setting myself up properly as a day trader should and got the simulator as they suggest and started following along Ross with the knowledge I had " learned " in the course ... Keep in mind I was not following ross and had actually knew the entry points myself so could execute the trades before him telling you to get long..
Well over the next weeks I seemed to crush the simulator in everything he was in giving myself very nice gains easily which led me to believe this will be an easy transition into trading live with real money ... Again boy was I wrong ..
For me I had already had enough money from previous work saved up to bypass the PDT rule and open a Speedtrader account with 25k and get right to making " 1k a day daily goal " ... ha.. again ..Boy was I wrong .
Everyone morning I would get up and usually be able to pick the stocks Ross was interested in before he mentions them to the room a lowsy 15 min before open giving you very little prep if you are trying to just " mirror " him which I was not .. I knew the entries he was looking for and how to execute the trades .. So I would get long before Ross would even say long on the stocks he was watching and sometimes get a small pop for a tiny Profit but the losers I taking were not maintainable long term which would have lead me to eventually blow up my account and be done with the dream..
This is when I starting doing research very hard into what was going on because I thought this was suppose to be so easy as he portrays in his marketing .. The thing is , it was not even close .. When you go long these types of stocks the spreads are so bad and tons of chat rooms are manipulating members to do what they say to do and it causes mass chaos in the lower priced names usually under $5 making it almost impossible to manage anything and basically turning the trade into a complete gamble..
Ross would continue to say " daily goal " or I'm out at this price on the ask when My shares would continue to sit there with no fill until I had to take a nice loss bailing on the uncontrollable whipyness of these types of stocks thru the bid with a terrible spread making managing your losses nearly impossible ...
How he was winning so large on these names while I was taking small winners and huge losers I could not understand it as my entries were great and sometimes I was in before he even had said he entered.. At this point I had to step back and be like well this doesn't seem to make sense .. And why is that ?
Well because Ross is a full on Marketer .. Hes making 7 figures a year from his chat/garbageshooling and people don't seem to understand that when they are getting into it all they hear everyday is " daily goal " I made $5000 in 20 second blah blah lies ... And here comes the email with whatever holiday is nexts discount on the chat or the schooling garbage to sucker more folks in ..
This guy had no real background in trading although I'm sure he knows how to trade no he does not have to anymore cause the chat alone is making him 7 figures a year .. He came from Jason bonds room who does the same crap.. Their rooms are almost Identical and Ross himself figured out the scam of things and grabbed 2 other guys from the room and was like we can do this ourselves and collect this money and that's how warrior trading was started...
Now onto the more conspiracy part of some of these Reviews .. Well I have been in the room for a long time and Ross has Never traded premarket and the guys in the room advise against it heavily .. Well this week is running a $7 promotion for the week and is jammed full of more people than the room has ever seen and Ross seems to be having the best week ever (marketing because if he was taking any types of losses people might not be interested right ? ) and has traded 2 times premarket for HUGE winners ..
Well this was VERY odd because he literally Does not do it EVER!! This has lead me to believe that he is running the very scam Jason Bond was running in his room which is he is buying shares premarket and selling them to his room members at the prices he says go long and this week has the most members we have ever seen so you can understand why hes long out before you and stating fake exit points and then going back and recreating the trades in a simulator to post a very skillfully hidden Profit and loss Tab from the broker ..
Well this week some well respected long term members from the room who have been there a long time are starting to question him .. Myself as well as we all actually really trade with the same brokers so the tabs should look similar when posted but they do not ... Several times this week he has had huge winners and big names in the room that have been there a long time seem to be asking him to prove them and he just flat out ignores them as myself .. Strange right?
Not at all .. I have sense actually found a real mentor who has put me in the right direction away from this very manipulated sector that preys on the small account guy and have finally started making the curve ...
If he were to ask the Room who actually trades like him there might be 1 guy out of the 500 that are in there daily that do .. Everyone else in his room is only there for the 3 other mods Mike , Jeff , and ed.. because they trade far away from the chat manipulated penny sector.. And they actually seem to have a handle on what they are doing ..
So ya you could say I mad cause I wasted all this money and failed doing what Ross was doing because I wasn't doing it properly so I'm writing a bad review solely on that and sure it may seem like that but I'm really just trying to lay out what I have seen in there as a member for about a year and all the stuff I have found via internet so you guys can make that decision for yourself...
I could never live as an " educator " with myself knowing the majority of the people I am suppose to be " teaching " are blowing up accounts and you see that so much in the chat it starts to make you sick ...
Do your own research before you make your own mind up about Warrior trading but plz don't just wing it on the dream hes selling of " making 1k a day " .. Please protect your hard earned money and really know what business you are getting into and how easily the small account guy can be preyed on ...
That's my 2 cents ..
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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